Homework Answers
BTCF = 3000000 - 750000 = 2250000
Taxable income = 2250000 - 800000 = 1450000
Tax = 1450000 * 0.3 = 435000
ATCF = 2250000 - 435000 = 1815000
option c is correct answer
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1. 15 Points What is the Cash Flow for the following information? · Depreciation = $800K...
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Calculate the operating cash flow for Cardinals Inc. given the following information: Sales = $1,500,000; Operating...
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After-Tax Cash Flows For each of the following independent situations, compute the net after-tax cash flow...
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3.26 Cash flows: Refer to the information given in problem 3.21. What is the cash flow...
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Following information relates to Acco Co. a. Beginning cash balance on July 1: $50,000. b. Cash...
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Cash flow. Assume a firm has earnings before depreciation and taxes of $200,000 and no depreciation....
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Depreciation and accounting cash flow
Depreciation and accounting cash flow A firm in the third year of depreciating its only asset, which originally cost $180,000 and has a 5-year MACRS recovery period, has gathered the following data relative to the current year's operations. Accruals$ 15,000Current assets120,000Interest expense15,000Sales revenue400,000Inventory70,000Total costs before depreciation, interest, and taxes290,000Tax rate on ordinary income40%a. Use the relevant data to determine the operating cash flow (see Equations 4.2 and 4.3) for the current year. b. Explain the impact that depreciation, as well as any other...
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Given the following selected information on McMillen's Chocolate, Inc., calculate Cash Flow from Operating Activities for This year A. Last Year This Year EAT Depreciation Exp Dividends Accounts Receivable Inventory Accts. Payable/Accr Long-Term Debt Common Stock Retained Earnings $600,000 100,000 400,000 1、500.000 3,500,000 350,000 2,300,000 2,200,000 6,150,000 $750,000 150,000 550,000 2,000,000 2,000,000 500,000 3,000,000 2,500,000 6,350,000
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